1 define gdp why is gdp growth important to any government
1. Define GDP. Why is GDP growth important to any government? What is the difference between real and nominal GDP?
2. What is inflation? What do we mean by real income and nominal income? Who benefits/loses during inflationary period?
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1 a for the us find the most current- annual real gdp- annual real gdp growth rates for the past 5 yearscite the source
1 define gdp why is gdp growth important to any government what is the difference between real and nominal gdp2 what
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